Delivery Hero Pours Cold Water on Talk of Counter-Bid for Rival

  • CEO Niklas Oestberg says no need for M&A to keep growing
  • Berlin firm wants to challenge Amazon by delivering everything
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Delivery Hero SE Chief Executive Officer Niklas Oestberg poured cold water on speculation it may make a counter-bid for a U.K. food-delivery rival, saying the company has plenty of growth potential as it expands its offering to challenge Amazon.com Inc. in local shipments.